ELSS

POSTED BY Vidyasagar ON February 1, 2011 6:49 pm ONE COMMENT

Hello All,

I wanted to invest in ELSS (HDFC Tax Saver Growth) for my tax saving this year. I heard that ELSS might not be coverd under 80C if DTC comes into effect from next year. Now I am confused whether to go ahead with this or not.

Please suggest on which is better for tax saving. I do not have anything apart from the PF in my 80C.

Thanks,

Sagar

One reply on this article “ELSS”

  1. Rajendran says:
    February 2, 2011 at 12:25 am

    your question itself has the answer. ELSS may not be covered under 80cc only after DTC comes into effect. Which is expected to happen only from April 2012 so you can hapilly invest in ELSS for the current financial year and next financial year.

    Reply

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